Millis, MA 02054 ZIP Code Profile

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Millis, MA
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ZIP Code 02054: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Millis, MA 02054

  • ZIP Code Type: STANDARD
  • County: Norfolk County
  • Centroid: Latitude 42.168, Longitude -71.36
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 266
  • PO Box Addresses: 117
  • Residential Addresses: 3,266
    • Multi-Family Addresses: 65
    • Single Family Addresses: 3,201

The ZIP Code maps and database are updated 4 times per year.
Database updated: August 1, 2019, Maps updated: August 2, 2019.

Jump to... (On This Page!)
  1. 02054 2019 Demographic Data
  2. Growth Rates for 02054 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Massachusetts Research Tools (Easy Tools & Current Data)
  3. Massachusetts Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Millis, MA 02054 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Millis, MA 02054 Housing Affordability Index is 109
State of Massachusetts Housing Affordability Index is 87
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Millis, MA 02054 Wealth Index is 190
State of Massachusetts Wealth Index is 139
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Massachusetts address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 8,175
Population in Households 8,134
Population in Familes 6,909
Population in Group Qrtrs 41
Population Density 674
Diversity Index1 21
 

INCOME

Median Household Income $110,370
Average Household Income $130,083
Per Capita Income $49,416
Wealth Index3 190

HOUSING

Total Housing Units 3,211 (100%)
Owner Occupied HU 2,489 (77.5%)
Renter Occupied HU 616 (19.2%)
Vacant Housing Units 106 ( 3.3%)
Median Home Value $460,434
Housing Affordability Index2 109
 

HOUSEHOLDS

Total Households 3,105
Average Household Size 2.62
Family Households 2,195
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.39% 0.34%
Households 0.27% 0.25%
Families 0.22% 0.23%
Median Household Income   2.4%
Per Capita Income   2.8%

Millis, MA 02054 - Peer Comparisons by Rank and Percentile

The table below compares 02054 to the other 523 ZIP Codes in Massachusetts by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 281 46th
Population Density # 287 45th
Diversity Index # 297 44th
Median Household Income # 107 80th
Per Capita Income # 175 67th

Additional comparisons and rankings can be made with a VERY EASY TO USE Massachusetts Census Data Comparison Tool.


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